Breakingviews: Microsoft’s AI bet: heads I win, tails I also win - News Summed Up

Breakingviews: Microsoft’s AI bet: heads I win, tails I also win


NEW YORK, Jan 10 (Reuters Breakingviews) - Microsoft (MSFT.O) is mulling a heads-I-win, tails-I-also win, AI deal. A mooted $10 billion investment, reported by Semafor, in the maker of the popular ChatGPT, could reshape Microsoft’s software business. And the investment is a pittance compared to Microsoft’s market capitalization of $1.7 trillion and $107 billion of cash on hand. Even then, Microsoft’s investment may not be wasted. loadingFollow @karenkkwok on TwitterloadingCONTEXT NEWSMicrosoft is in talks to invest $10 billion into OpenAI, the creator of ChatGPT, according to Semafor.


Source: Wall Street Journal January 10, 2023 19:02 UTC



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